BAC · News · 20261017N

Quarterly Earnings and Dividend

BANK OF AMERICA CORP /DE/ · 2026-10-17 · Importance 32 · Surprise 6 · In source text

Bank of America reported quarterly EPS of $1.08, which fell short of analyst expectations. Quarterly revenue was $29.96 billion and also missed analyst expectations. The company raised its quarterly dividend to $0.32 per share.

Key facts

• Bank of America's shares traded down 0.8% after its quarterly earnings of $1.08 per share and revenue of $29.96 billion fell short of analyst expectations. source
• Bank of America raised its quarterly dividend to $0.32 per share. source
• Analysts maintain a "Moderate Buy" rating on Bank of America with an average price target of $62.52. source
• The Globe and Mail item states that Bank of America Securities reiterated a Sell rating on Charles Schwab with an $82 price target (an action by Bank of America Securities). source
• Bank of America was listed among institutional investors that "have increased or established new positions" in Amazon.com, Inc. source
• The MarketBeat item on F5, Inc. states that other major investors "like Bank of America, BlackRock, and Amundi" increased their positions in F5. source
• The MarketBeat item on Brown & Brown, Inc. reports that "other institutional investors like BlackRock, Deutsche Bank, and Bank of America also adjusted their positions" in Brown & Brown. source
• The seekingalpha.com earnings scorecard lists Bank of America among "Major names" that reported earnings during the week. source

Impact estimates